S 1538
115th Congress
Senate
Commerce
Business education
Corporate finance and management
Employee benefits and pensions
Securities
Small business
Social work, volunteer service, charitable organizations
Small Business Employee Ownership Promotion Enhancement Act of 2018
Everywhere this bill has been
6 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 19, 2018
By Senator Risch from Committee on Small Business and Entrepreneurship filed written report. Report No. 115-436.
Mar 19, 2018
Placed on Senate Legislative Calendar under General Orders. Calendar No. 348.
Mar 19, 2018
Committee on Small Business and Entrepreneurship. Reported by Senator Risch with an amendment in the nature of a substitute. Without written report.
Mar 14, 2018
Committee on Small Business and Entrepreneurship. Ordered to be reported with an amendment in the nature of a substitute favorably.
Jul 12, 2017
Read twice and referred to the Committee on Small Business and Entrepreneurship.
Jul 12, 2017
Introduced in Senate
Plain-English summary
Small Business Employee Ownership Promotion Enhancement Act of 2018
This bill amends the Small Business Act to require the Service Corps of Retired Executives (SCORE) to appoint a SCORE Employee Ownership Director, whose duties shall relate to the various forms of employee ownership.
The director shall be responsible for:
- administering and disbursing materials that contain general information and technical assistance for the establishment of employee ownership structures;
- coordinating efforts for employee ownership with SCORE chapters located throughout the United States;
- providing technical assistance relating to a range of business forms and strategies that promote or facilitate employee ownership, including an employee stock ownership plan, a cooperative, and any other approach determined appropriate by the director; and
- providing the Small Business Administration and the Office of Entrepreneurial Development with statistics, including regional statistics from a SCORE chapter relating to services provided to small businesses potentially undertaking a form of employee ownership.
The director may be a SCORE employee on the date of appointment.
What's happening now
By Senator Risch from Committee on Small Business and Entrepreneurship filed written report. Report No. 115-436.
Committees of jurisdiction
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